Asiana Plans Airbus Buying Spree

SEOUL—Asiana Airlines Inc. will buy at least 14 superjumbo and other airliners from Airbus Group NV through 2018 to bolster its long-distance routes as it struggles to compete with budget airlines, its chief executive said Monday.

"A growing challenge from low-cost carriers is a stark reality facing almost all full-service airlines around the world," Chief Executive Kim Soo-cheon said during his first news conference since...